Industry and retail trade organizations reacted quickly to criticize President Trump‘s plans for a new 10 percent tariff on $300 billion of Chinese imports, taking effect on September 1, 2019. These tariffs will target “List 4” products—products including footwear and apparel that have not previously been subject to tariff increases.
In a statement, Tim Boyle, president and CEO of Columbia Sportswear Co., decried President Trump’s plans for a new 10 percent tariff on $300 billion of Chinese imports. He said in part, “We’ve been fortunate to have a strong economy for the past decade. Let’s not tank the economy with the misguided conception that trade wars are fun.”
The second quarter of 2019 for Asics North America (ANA), which includes the United States, Canada and Mexico, showed positive regional growth year-over-year and increased traffic to both online e-commerce and retail channels. This marks the second consecutive quarter of growth for Asics North America.
Another shot was fired in the ongoing ski area pass wars with the Friday announcement that Ikon Pass has added Arapahoe Basin Ski Area—which only a few months ago split from Vail Resorts’ Epic Pass—for the 2019/20 season.
Ventum, the maker of performance racing bicycles and the Official Global Bike Partner of Ironman, announced that it has raised a round of funding and that it is moving to Heber City, UT.
Olin Corp. reported Winchester sales for the second quarter 2019 were $164.9 million compared to $165.9 million in the second quarter of 2018.
Augusta Sportswear, a leader in sports apparel, uniforms and accessories, announced that it has acquired Pacific Headwear, a privately held company based in Coburg, OR. The terms of the agreement were not announced.
GoPro Inc. reported revenue for the second quarter of $292 million, up 3 percent from the year-ago quarter and ahead of analysts’ estimates by $9.9 million. The company reported non-GAAP net income of $4 million, or 3 cents per share, up $25 million year-over-year but shy of Wall Street estimates by 1 cent.
Gildan Activewear Inc. reported earnings on an adjusted basis grew 3.1 percent in the second quarter as sales increased 5 percent. The guidance was reaffirmed for the year.
Birkenstock Americas announced that it has opened its second company-owned retail store in the United States. The location is in Venice Beach, CA.
Dick’s Sporting Goods launched DSG, the company’s latest athletic gear and apparel line that offers athletes an expanded assortment of styles and sizes for women, men and youth.
HanesBrands voluntarily disclosed the company’s carbon emissions and related information for the CDP 2019 Climate Change Report for the 10th year.
OrthoLite, a leader in insole technology, hired Rob Falken as vice president of global innovation.
Technogym has been selected to create the training center for the Pan Am Games in Lima.
The Basketball Africa League (BAL) announced Nike and Jordan Brand will be the exclusive outfitter of the new professional league featuring 12 club teams from across Africa and scheduled to begin to play in March 2020.
True Sports, the parent company of golf shaft manufacturer True Temper, announced the acquisition of Accra Golf Shafts and its parent company Premium Golf Management Co. (PGMC).
SquadLocker, the maker of customized custom team gear, introduced SquadLocker MVP, a new service promising to ensure availability of the most popular team gear and uniforms, faster delivery, and no-hassle return policy.
Boot Barn Holdings Inc.announced net sales for the fiscal first quarter ended June 29 increased 14.7 percent to $185.8 million. Same-store sales increased 9.4 percent including an increase in retail store same-store sales of 11.1 percent and an increase in e-commerce sales of 0.9 percent.
Fox Factory Holding Corp. raised its guidance for the fiscal year of 2019 after reporting sales for the second quarter ended June 28 of $192.1 million, up 22.5 percent from $156.8 million in the same period last fiscal year.
The National Ski Areas Association (NSAA) announced that Heather Fried has been named editor-in-chief of NSAA Journal.
Sterling Rope Co. and parent company Sherrill Inc. signed the United States Department of Interior’s “Pledge to America’s Workers” with the goal of adding 20-to-30 production and office staff in the next five years at Sterling’s Biddeford, ME, production facility.
Athleta announced that Allyson Felix will become Athleta’s first sponsored athlete.
About 11,560 (also including 1,800 sold in Canada) Trek Kickster kids bikes are being recalled.
According to a release from the U.S. Consumer Product Safety Commission, Britax‘s modified thru-bolt axles for use with BOB Jogging Strollers are being recalled.
Adidas will replace Nike as the kit sponsor of Boca Juniors beginning in 2020 in a ten-year deal.
Lowa Sportschuhe GmbH acquired the Italian shoe specialist Riko Sport S.r.l., a core supplier of Lowa’s footwear.
Jofit, the maker of women’s golf, tennis and fitness apparel, signed on as the official apparel sponsor of Team USA in the 2019 Solheim Cup.
According to Golf Datatech, golf rounds played in the U.S. were flat in June, held back by a steep decline in the South Central region. Year to date, golf rounds played are down 1 percent.
5.11 Tactical will open its 50th company-owned retail store in Fort Bliss, TX, this week.
VF Corp. appointed of Michel Bilodeau as vice president and general manager of Vans EMEA.
Newell Brands appointed Ravi Saligram as president and CEO, and a member of the Newell Brands board of directors, effective October 2.
Shimano Inc. reported net earnings slid 10.6 percent in the six months ended July 29 as sales grew 4.1 percent. The Japanese-based firm slightly lowered its guidance for the year.
Kevin Garnett, former NBA Most Valuable Player, 15-time All-Star and NBA World Champion, acquired the Hoop It Up basketball tour.
Nordstrom Inc. announced Ann Munson Steines has joined the company as executive vice president, general counsel and corporate secretary.
Montane appointed Matt Hickman as global marketing manager where he will be responsible for the delivery of the brand’s marketing strategy and e-commerce goals.
Under Armour CEO Kevin Plank took to Instagram and one of the brand’s top endorsers, NBA star Stephen Curry, took to Twitter over the weekend to defend Under Armour’s hometown of Baltimore after President Trump attacked the city and its congressional representative, Elijah Cummings.
The International Surfing Association (ISA) said Vans signed on as Presenting Sponsor for the 2019 ISA World Surfing Games (WSG) in Miyazaki, Japan.
Zumiez Inc. appointed Liliana Gil Valletta to the company’s board of directors.
Adventure Sports Network Group announced that Courtney Gresik was named vice president and general manager of the Dew Tour.
The Sheckler Foundation welcomed Chris Joslin as the newest skateBOARD member.
Professional Tennis Registry (PTR) on July 28 announced the passing of its founder, former chairman and president, Dennis Van der Meer. He was 86.
Compass Diversified Holdings announced that Larry L. Enterline has been appointed to the board of directors.
USA Basketball unveiled a collaborative and expanded USA Women’s National Team program and training plan that will benefit the growth of women’s basketball across the nation and has the support of the WNBA and, most importantly, the backing of the members of the USA National Team.
Puma announced a long-term partnership with Manchester City FC Manager Pep Guardiola.
Title Nine, the women’s activewear chain, announced nine women chosen as finalists in its second annual Movers and Makers Pitchfest. The start-up brands they represent include Wild Rye, Kaden Apparel, Sunia Yoga, Mana Threads, Corbeaux Clothing, Anowi Surfwear, Bloom Bras, Em & El Organics, and Heroclip.
Asics selected four start-ups to join its business partnership accelerator program.
Outdoor Voices will open a flagship store in Austin in the former RunTex location at Lake Austin Boulevard and MoPac Expressway.
EBay is introducing Managed Delivery, a cost-effective fulfillment service that will enable sellers with high-volume inventory to meet rising consumer expectations while reducing cost and complexity.
